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West Babylon 11704 West Babylon
28 Forest Avenue
Photo of 28 Forest Avenue
Sold on Aug 25, 2022

25

Map

Photo of 28 Forest Avenue
Photo of 28 Forest Avenue
$510,000
● House - Off Market

28 Forest Avenue

Babylon, NY 11704
bedrooms
3 Beds
bathrooms
2 Baths
$532,465
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Can't Miss Seeing This! This Great Colonial is Move In Condition,EIK W/ Attached Sun Room,2 Full Baths,Partial Finished Basement,Hardwood Floors,Plenty of Storage. A Must See!
Unit Size
-
Days on Market
143 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$879
HOA Dues
-
Year Built
1950

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (OneKey MLS #KEYL3388579)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Aug 25, 2022 Sold
Premium
Sold
Jun 23, 2022 In contract -
In contract
Apr 4, 2022 Listed by Advantage + Realty Corp $515,000
Listed by Advantage + Realty Corp
Sep 14, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FEDERAL SQUARE
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: F M 276 LTS 6&7 PTS

Neighborhood

  • School District Name: West Babylon Union Free School District
  • School Tax School District: WEST BABYLON
  • Census Tract: 122902

Zoning

  • Zoning: A

Geography

  • Account Number: 20232016490
  • District: 0100-1
  • Section: 139.00
  • Parcel: 0100-139.00-03.00-063.000
  • Block: 3
  • Lot: 63.000
  • Municipality: BABYLON
  • Latitude: 40.7162
  • Longitude: -73.3543

    Address

  • Full Address: 28 Forest Ave
  • Address - House Number: 28
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Babylon
  • Carrier Code: C056
  • 4-Digit Zip Code: 5129
  • Zip Code: 11704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $962,003
  • Tax Rate Code Area: 472002

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 500,712
  • High Value: 573,760
  • Low Value: 427,664

    Market Valuation

  • Market Total Value: $4,561
  • Market Land Value: $258
  • Market Improvement Value: $4,303

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,010
  • Assessed Land Value: $170
  • Assessed Improvements Value: $2,840

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 14, 2001
  • Previous Sale Contract Date: Sep 10, 2001
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Babylon

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$436

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1728 ft²

Average Home Age

65.8 years

Currently For Sale

58 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11 Park Avenue, Babylon, NY, 11702

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 134 Ralph Avenue, Babylon, NY, 11702

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,482 ft²
134 Ralph Avenue, Babylon, NY, 11702 Listing by Georgia Westcott
Unit for rent at 180 Deer Park Avenue, Babylon, NY, 11702

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 565 ft²
180 Deer Park Avenue #203, Babylon, NY, 11702 Listing by Loraine Burke CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 28 Forest Avenue built and last sold?
The property at 28 Forest Avenue was built in 1950 and last sold on Aug 25, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 28 Forest Avenue is $520,150.
What are some comparable homes to 28 Forest Avenue?
There are currently no comparable homes to 28 Forest Avenue.
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